Oceaneering International Inc (OII) financials
Oceaneering International revenue and earnings by year
Oceaneering International's revenue was $2.78 billion in the fiscal year to December 31, 2025, up 4.6% from the year before. Net income was $354 million, 12.7% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 2.3% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.78 | 2.66 | 2.42 | 2.07 | 1.87 | 1.83 | 2.05 | 1.91 | 1.92 | 2.27 |
| Revenue growth | 4.6% | 9.8% | 17.4% | 10.5% | 2.3% | -10.8% | 7.3% | -0.6% | -15.4% | — |
| Gross profit | 0.57 | 0.49 | 0.40 | 0.31 | 0.26 | 0.16 | 0.10 | 0.13 | 0.19 | 0.28 |
| Gross margin | 20.4% | 18.2% | 16.5% | 14.9% | 14.1% | 9.0% | 4.8% | 6.8% | 10.1% | 12.3% |
| Operating income | 0.30 | 0.25 | 0.18 | 0.11 | 0.04 | -0.45 | -0.29 | -0.15 | 0.01 | 0.07 |
| Operating margin | 10.9% | 9.3% | 7.5% | 5.4% | 2.1% | -24.4% | -14.2% | -7.6% | 0.6% | 3.1% |
| Net income | 0.35 | 0.15 | 0.10 | 0.03 | -0.05 | -0.50 | -0.35 | -0.21 | 0.17 | 0.02 |
| Net margin | 12.7% | 5.5% | 4.0% | 1.3% | -2.6% | -27.2% | -17.0% | -11.1% | 8.7% | 1.1% |
| Diluted EPS | $3.49 | $1.44 | $0.95 | $0.26 | -$0.49 | -$5.01 | -$3.52 | -$2.16 | $1.68 | $0.25 |
| Free cash flow | 0.22 | 0.10 | 0.12 | 0.05 | 0.18 | 0.08 | 0.02 | -0.06 | 0.04 | 0.23 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open OII in Markets.
How Oceaneering International makes money
Revenue by segment in the quarter to September 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Subsea Robotics | $233M | 29.7% |
| Offshore Projects Group | $173M | 22.0% |
| Manufactured Products | $168M | 21.4% |
| Aerospace & Defense Technologies | $135M | 17.2% |
| Integrity Managements Digital Solutions | $75.8M | 9.7% |
See also: OII valuation and P/E history · OII returns
No forecast, no recommendation. This page describes Oceaneering International Inc from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.